On the afternoon of June 29 (Korean time), the U.S. New York stock market rose across the board, driven by buying centered on large-cap technology stocks. In contrast, the small- and mid-cap market relatively underperformed, showing a clear divergence in trend from large caps.

On this day, the Dow Jones Industrial Average closed at 52,123.64, up 247.53 points (0.48%). The benchmark S&P 500 rose 40.17 points (0.55%) to 7,394.19. In particular, the tech-heavy Nasdaq Composite Index surged 234.32 points (0.93%) to 25,531.94, recording the highest gain among the major indices. Meanwhile, the Russell 2000 Index, which is centered on small- and mid-cap stocks, fell 22.08 points (0.73%) to 2,988.00, showing a contrasting trend to large caps.

The market analyzes that the inflow of bargain-hunting buying into recently volatile artificial intelligence (AI) and semiconductor-related stocks led the index higher. With investor sentiment recovering, centered on large-cap growth stocks, the risk appetite is also showing some signs of recovery.

However, investors are still closely watching the U.S. Federal Reserve's (Fed) future interest rate direction, inflation trends, and the release of employment data. Since market direction may vary depending on the results of major economic indicators, there are suggestions that volatile market conditions may persist for the time being.

The key variable in the current market is condensed into whether the rebound centered on tech stocks will continue or profit-taking sell-offs will emerge once again.

[※ This article was written with the assistance of AI. The U.S. stock market indices and market trends included in the article are based on data as of the time of writing. Since market conditions can change in real time, investors are advised to verify official disclosures and the latest market information before making actual investment decisions. This article is not intended to recommend investments in any specific stocks or financial products, and all responsibility for investments lies with the investor.]